Key Effects of Regional Cultural Issues on Corporate Organizational Culture

INTERNATIONAL
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
key effects of regional cultural
issues on the corporate organisational culture............................................................................1
Strategies apply by managers to solve cultural issues ................................................................2
CONCLUSION................................................................................................................................3

INTRODUCTION
International management is wider field which is related with managing all the trade
action related with global actions. It is related with all the relevant international trade policies.
There will be many factor which influence international business, culture is one of them. To
understanding the concept, Ray Limited has been taken. This report is define all the issue ,
corporation face due to having cultural difference .between various regional. It also consider the
way ans strategies use by management department which directly impact on overcoming the
effect of issue by implementing effective business strategies.
key effects of regional cultural
issues on the corporate organisational culture
 International Accounting:- Tax compliance is plays a crucial role, in international
business. Accounting can present a challenge to Ray Ltd., which is liable for pay
corporation tax abroad. Different tax system, rates, and compliance requirement make the
accounting function of the firm significantly challenging. Being aware of tax treaties
between countries like, Japan, Germany and Brazil will help to ensure that company is
not paying double taxes unnecessarily. It is really difficult for head department of Ray
limited to understand all the legal terms which effect with culture of different countries
(Chetty,2019).
 Impact of culture on Cost calculation and global pricing strategy:- Setting the price
of the product or services can present challenges for companies, doing business globally.
Ray Ltd. Consider costs to remain competitive, while ensuring profit. It is typical for firm
to set the price according to different countries, the cost of production, shipping, trade
rates, marketing as well as margin of the firm, must taken into consideration while doing
accounting. This also impact from culture because living standard also impact providing
rates of the country ((Govender, 2018).
 Communication and cultural differences:- Communication and cultural values plays a
crucial role for running a business. Communication across the cultures a very real
challenge for Ray Ltd. Effective communication with colleagues, clients, customers in
abroad is important for success in global business. The company deals with other
countries, and every country have different language, culture, religion it makes difficult
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